Aberdeen- a city on the rise
Aberdeen's city centre is undergoing huge regeneration thanks to a £100 million package of investment from Aberdeen City Council, the Scottish and UK governments, and private sector partners.
Union Street is being transformed into a high street fit for the 21st century - and for a limited time, incoming businesses can take advantage of fit-out grants of up to £70,000 and up to two years rent and rates free, subject to conditions.
Our Union Street is working toward a more vibrant city centre, supporting businesses showcasing Aberdeen and building back civic pride through our community-led regeneration projects.
We know the city, we know the opportunities and we know the support that's here for you. We'll help you find the right space, make the right connections and become part of Aberdeen's next success story.
Investing in the city
£40m international food and drink market
Construction is underway on Flint- a new international food destination which will be at the centre of Union Street's regeneration. The destination venue will promote the local produce which has made Aberdeen world-renowned, alongside continental-style delicatessens, cafes, and food outlets. There will also be the flexible-use outside space for music and major sporting events. It is due to open in late 2027.
£20m investment in new streetscape
Works to upgrade a section of Aberdeen’s main thoroughfare represent a major milestone in revitalising the Granite Mile – the biggest change to the street since it was built more than 200 years ago. The improvements include a new road surface and widened pavements using locally-sourced granite, cycle lanes, green landscaping and a plaza entrance to the new market building. It is due to open in late 2026.
The Ultimate Masterclass Festival
Aberdeen & Grampian Chamber of Commerce has invested in bringing world class speakers to Aberdeen city centre through its Ultimate Masterclass Festival. Speakers to date have included Steven Bartlett, Gary Neville, Sir Mo Farah, Louis Theroux, James Corden and Davina McCall. The series has been designed to inspire the local community and more exciting events are scheduled for 2027.
International street art phenomenon Nuart
Widely regarded as the best street art festival of its kind in the world, Nuart Aberdeen is a not-for-profit event supported by partners Aberdeen Inspired and Aberdeen City Council. Since the first Nuart festival in Aberdeen in 2017, it has attracted tens of thousands of visitors, boosting the local economy, as well as providing a lasting legacy throughout the city centre.
A thriving place to be
A prosperous local economy
Aberdeen has long been one of the most flourishing cities in the UK owing to the oil and gas industry, which continues to support the local economy and workforce.
A great place to live and explore
Aberdeen and Aberdeenshire were voted the best places to live in the UK by HomeViews and our 500,000 population enjoys an unrivalled quality of life.
An emerging global cruise destination
Following a major harbour expansion, Aberdeen is now a fast-growing cruise market with around 100,000 visitors a year expected to call by 2030.
Our £16bn regional investment pipeline
Almost £16billion of investment will be poured into the North-east economy over the next decade, according to new research.
The eighth edition of Investment Tracker - published by Aberdeen & Grampian Chamber of Commerce in partnership with Invest Aberdeen and Opportunity North East in September 2026 - shows record levels of investment coming into the Aberdeen city region between now and 2035.
On top of £6.5 billion worth of projects already delivered since the report was launched in 2016, further infrastructure and regeneration activities totalling £46.3 billion are now in the pipeline.
